GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDL) Trading Up 6.2% – Here’s Why

GraniteShares 2x Long LCID Daily ETF (NASDAQ:LCDLGet Free Report)’s stock price shot up 6.2% on Friday . The company traded as high as $4.26 and last traded at $4.11. 108,845 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 129,131 shares. The stock had previously closed at $3.87.

GraniteShares 2x Long LCID Daily ETF Stock Performance

The stock’s 50-day simple moving average is $7.87 and its 200 day simple moving average is $15.29.

GraniteShares 2x Long LCID Daily ETF Company Profile

(Get Free Report)

GraniteShares ETF Trust – GraniteShares 2x Long LCID Daily ETF is an exchange traded fund launched by GraniteShares Inc The fund is managed by GraniteShares Advisors LLC. It invests in public equity markets. The fund invests through derivatives in stocks of companies operating across automotive industry, designing, developing, manufacturing, and selling electric vehicles, ev powertrains and battery systems using its own equipment and factories sectors. It uses derivatives such as swaps to create its portfolio.

See Also

Receive News & Ratings for GraniteShares 2x Long LCID Daily ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GraniteShares 2x Long LCID Daily ETF and related companies with MarketBeat.com's FREE daily email newsletter.